Financial Results Show Growing Gap Between Elites, Others

Big law firms notched modest overall financial gains in 2013, with standout results from a handful of elite competitors in sharp contrast to lackluster outcomes across the broader industry.

The rankings released Monday by the American Lawyer magazine highlight a growing gap between the 20 strongest law firms and the dozens of other large firms that reported only moderate increases in revenue or profitability. Among the 20 elite firms,...